Zacks Investment Research upgraded shares of William Demant Holdings (OTCMKTS:WILYY) from a sell rating to a hold rating in a research note published on Friday morning.

According to Zacks, “William Demant Holding A/S develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals. The Company focuses on three business areas: Hearing Devices, Diagnostic Instruments and Personal Communication. William Demant Holding A/S is headquartered in Smorum, Denmark. “

William Demant Holdings (OTCMKTS:WILYY) opened at 9.80 on Friday. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 24.87 and a beta of 0.52. The stock’s 50 day moving average price is $9.96 and its 200-day moving average price is $10.21. William Demant Holdings has a 12 month low of $7.70 and a 12 month high of $11.15.

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